Bitpanda companions with CoinMENA to spice up crypto adoption

Crypto trade Bitpanda and buying and selling platform CoinMENA have introduced a strategic alliance aimed toward bolstering the latter’s effectivity.

CoinMENA has operational licenses from the Central Financial institution of Bahrain and the Dubai Digital Asset Regulatory Authority (VARA). The platform’s strategic partnership with Bitpanda additionally seeks to spice up the Center East & North Africa targeted crypto entity’s suite of accessible digital belongings services.

Market demand

In a remark, CoinMENA co-founders Dina Sam’an and Talal Tabbaa observe:

“We’re excited to associate with Bitpanda Know-how Options, an business chief that shares our dedication to offering top-tier crypto asset buying and selling providers. This collaboration won’t solely improve buying and selling effectivity but in addition fulfill one of the requested options from our customers, enabling us so as to add new crypto belongings extra quickly to fulfill market calls for.”

Sam’an additionally commented on the partnership through a publish on X on Aug. 26.

Thrilled to announce our strategic partnership with @Bitpanda_global! Collectively, we’re enhancing buying and selling effectivity and increasing our crypto asset choices at @CoinMENA. This collaboration marks a big step ahead in our mission to supply customers with probably the most dependable… pic.twitter.com/7nq2YwkFHM

— Dina Sam’an | دينا سمعان (@DinaSaman_) August 26, 2024

Bitpanda will act as a liquidity supplier for CoinMENA, enhancing the trade’s buying and selling effectivity and person expertise.

“The MENA area is without doubt one of the most bold and modern areas on the planet in terms of crypto belongings,” Bitpanda international head Nadeem Ladki, famous. “Bitpanda Know-how Options offers establishments within the area entry to one of many broadest ranges of crypto belongings obtainable, in a completely modular means, all with a extremely regulated and trusted associate,” Ladki added.

Bitpanda lately partnered with UAE’s RAKBANK to increase the digital belongings area within the UAE. The trade has additionally joined forces with Coinmotion and struck a serious take care of Serie A giants AC Milan.